Is it legally feasible to start and run a business in India while working in USA on work/student visa ?
Might have some minor catches with respect to legality of business owner being away from business place. I think it's feasible.
In such case, I think you will have to pay taxes in India as well as US
Only the difference you'll have to pay in the US. US 40% India 30% Pay 30 in India, remaining 10 in US.
IANAL yes, you can. If you want to incorporate in India, you can now get done everything online as well. What Visa are you on F1 or H1B? Also are you an NRI? You should check tax implications with your accountant in India. Also, getting a bank account for your business is near impossible without physical presence due to stringent requirements.
Currently on F1, already have a partner in India with whom I'm looking at starting a new venture.
You can do anything in India irrespective of what visa you are on!
Hmm, just wondering if it's better to consult a lawyer.
For your happiness you can consult a lawyer. But you can do anything